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International Corporate Rescue

Journal Issues

  • Vol 1 (2004)
  • Vol 2 (2005)
  • Vol 3 (2006)
  • Vol 4 (2007)
  • Vol 5 (2008)
  • Vol 6 (2009)
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  • Vol 14 (2017)
  • Vol 15 (2018)
  • Vol 16 (2019)
  • Vol 17 (2020)
  • Vol 18 (2021)
  • Vol 19 (2022)
  • Vol 20 (2023)
  •         Issue 1
  •         Issue 2
  •         Issue 3
  •         Issue 4
  •         Issue 5
  •         Issue 6
  • Vol 21 (2024)
  • Vol 22 (2025)

Vol 20 (2023) - Issue 2

Article preview

East-West Logistics LLP v Melars Group Ltd [2022] EWCA Civ 1419

Lynette Ebo, Associate, and Ria Di Marco, Trainee Solicitor, Freshfields Bruckhaus Deringer LLP, London, UK

Synopsis
The English Court of Appeal ('CoA') dismissed an appeal against the High Court's decision to set aside a winding-up order made on the grounds that the debtor's centre of main interests ('COMI') was in the United Kingdom and not in Malta, where it had its registered office. The CoA highlighted the importance of the legal presumption in Article 3(1) of Regulation (EU) 2015/848 (the 'EU Regulation') that a company's COMI is at the place of its registered office. The CoA held that the High Court had not erred in holding that the facts presented were insufficient to demonstrate that the company conducted the administration of is interests on a regular basis in the United Kingdom so as to rebut the statutory presumption under the EU Regulation in favour of Malta.

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International Corporate Rescue

"International Corporate Rescue is the ultimate legal and commercial guide through the maze of complex cross border insolvency and restructuring issues."

William Q Derrough, Managing Director and Co-head of Recapitalization & Restructuring Group, Moelis & Company, New York

 

 

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